20s & 30s Goals: College Savings

Whether you’re attending college now, plan to in the future, or have a child that will attend down the road, planning for the event is important. The potential tax benefits you receive for owning a college savings plan is just one of many benefits. Starting to save for future college tuition can be beneficial especially when considering that, on average, tuition is increasing by 5% per year according to collegeboard.com.